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Author Topic: sub 1000 gone forever  (Read 3780 times)
jonald_fyookball (OP)
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May 02, 2017, 03:18:13 AM
 #1

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

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May 02, 2017, 04:41:02 AM
 #2

It could be assuming Bitcoin will live forever.

I have a hypothetical situation for you. What if Bitfinex came out to be like MtGox or Cryptsy with the owner running away with all their customer's Bitcoins, would the price crash take it to $500?

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Herbert2020
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May 02, 2017, 05:43:41 AM
 #3

It could be assuming Bitcoin will live forever.

I have a hypothetical situation for you. What if Bitfinex came out to be like MtGox or Cryptsy with the owner running away with all their customer's Bitcoins, would the price crash take it to $500?

i don't know why you are super insistent on bitfinex being gox these days, i think your last 200 or so comments were about Bitfinex and them turning into Gox! maybe you want a dip to buy back?

in any case worse case scenario is that SEC will reject ETF once again, price tanks like before.
then right as it is finding new floor (possible around $1200) bitfinex becomes insolvent and stops working, nobody has any money or coin there anymore since they all cashed out but the news starts hitting the market hard and price tanks again possible to $1000.
then as a final blow BU starts FUDing again and price tanks again like before this time down to $920 and momentarily testing the $8xx waters.

with this 3 major FUD coming after each other in a very hypothetical and impossible worse case scenario would be $890. Wink

and as i said before in answer to you and you forgot i repeat once again that MtGox had >75% of market volume and bitfinex has 9% in normal circumstances.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
mikenz
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May 02, 2017, 09:15:47 AM
 #4

Finex? They have a tiny 8 % market share, whereas Gox at its time was THE one and only. Really nothing to shit your pants for.

canceled ETF? Nope, will not bring the price down. maybe by 10 bucks for half an hour. We just had the whole drama in march because back then there was a fair chance that SEC would approve. Nobody knew the outcome! By now, nobody will be surprised by a refusal, nobody is betting on long just because of ETF anymore.

BU? they already had their drama too and it has been priced in already. Its pretty clear by now that BU can not get majority on bitcoin, just like segwit, no way.
The treshhold is 90 % ! How do you achieve 90 % approval in a public voting.
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May 02, 2017, 09:22:11 AM
 #5

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.
Me too strongly believe in this, because to gain stabilty large scale user adoption is required. Right now from the starting of the year the adoption is quiet good and has profited with the price increase even when the sudden dip towards $900 took place at some point.

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1Referee
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May 02, 2017, 09:25:29 AM
 #6

Never say never. It's Bitcoin that we're talking about after all. But the chances of going back to sub $1000 levels are slimming down more and more. It won't take long before we see a correction take place - it simply can't go up endlessly. My prediction when things cool down is that we'll more or less settle around the $1200 level for a while. Imagine how people must feel that have liquidated their coins around $1000 as they were afraid of a potential hard fork. Grin
Ted E. Bare
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May 02, 2017, 09:48:43 AM
 #7

Yes, count yourself extremely lucky if you managed to buy for just $1000.
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May 02, 2017, 10:51:29 AM
 #8

the thing is, each time we see a dip and price goes down for any reason, usually FUD, the bottom comes higher. we are at 14 fucking hundred dollars range and heading towards 1500! the dip won't be big enough to go to many people's dream price.

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ImHash
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May 02, 2017, 11:37:35 AM
 #9

Yeah just like we'll never going to hear about BU and Jihan Wu possibly coming out as Satoshi Cheesy Cheesy then many people might even kill themselves for being so stupid let alone dumping to sub $800.

I don't understand why people are so relax and confident and market is not in panic mode thus sharp fluctuations?

BU could attack us at any given time, who knows how many offline but ready to turn on and mine farms they have up their sleeves?

If I ever hear the news that Wu and lord of the BU will going to be hanged by their small and tiny balls only then I could relax and sit back.

You guys are holding your heads under the sands and or*asm with just talking about $200/ $300 price increases while I'm in constant stress about the code and the state of the network as a whole.
gentlemand
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May 02, 2017, 11:43:14 AM
 #10

I'm yet to be convinced and I'm yet to be convinced by this rise in general. If it had occurred when everything was normal I'd be far more content.

BU could attack us at any given time, who knows how many offline but ready to turn on and mine farms they have up their sleeves?

They may be greedy but they're not stupid.
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May 02, 2017, 11:46:17 AM
 #11

Never is a strong word, unlikely is a little healthier.

For what shall it profit a man, if he shall gain the world, and lose his own soul?
DrGuns4Hands
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May 02, 2017, 11:47:32 AM
 #12

I know right we can have bitcoin that's under 1000 price because bitcoin is stuck on $1000 above that's why this year is the best year of all times because we all withness the big pump up to $1400+ and still continuing playing around $1400 but that's not good for the people in the market because they can't buy bitcoin in under $1000
Siskaver
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May 02, 2017, 12:02:46 PM
 #13

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

I think so. If the price goes to $2000, it is qute difficult to go below $1000 again.
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May 02, 2017, 12:02:57 PM
 #14

It could be assuming Bitcoin will live forever.

I have a hypothetical situation for you. What if Bitfinex came out to be like MtGox or Cryptsy with the owner running away with all their customer's Bitcoins, would the price crash take it to $500?

Damn i wish that was real. I would buy every piece i can get my hands on if it ever goes back to 500$ again. But Finex's situation is not like Gox it seems. Because they still let btc withdrawals.

Finex's worst case scenario is, people will withdraw everything they got there and finex will run out of bitcoins and collapse without harming anybody else.

To able to see 500$ again, finex should be running a major scam like Gox did.

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May 02, 2017, 12:07:20 PM
 #15

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

We should be good as long as we don't see two Bitcoin forks but seems plausible now.
Crash pending 40% or Greater would fit in the great bitcoin crash list percentage wise though.

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May 02, 2017, 12:31:58 PM
 #16

we have said goodbyte to 3 digits a long time ago, the dip doesn't count in my opinion because it was very short lived and it was the last bullet the FUDsters had to spend to push it that low.
it will be some time before we can see another FUD that big.

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May 02, 2017, 01:41:13 PM
 #17

Never is a strong word, unlikely is a little healthier.

Exactly, never say never.
And in Bitcoin market everything is possible. Saying that price will never ever fall under 1000$ once it reaches 2000$ is unreasonable. Don't you people remeber that price was less then 200$ and it reached 1200$ before that? Don't predict the price and the movement just based upon the situation based in the last couple months or one year, it's deeper than that.

jonald_fyookball (OP)
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May 02, 2017, 01:43:09 PM
 #18

Never is a strong word, unlikely is a little healthier.

Exactly, never say never.

Ya think??

Obviously nothing is certain in the markets.

When I say "never", its a speculation, subject to being wrong. 

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May 02, 2017, 02:10:39 PM
 #19

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

We should be good as long as we don't see two Bitcoin forks but seems plausible now.
Crash pending 40% or Greater would fit in the great bitcoin crash list percentage wise though.
Two Bitcoin forks? In worst case there will be just one fork, and that's really it. Other than that, regardless of the term 'never' being nothing more than relative, at some point it will become reality.

If you look at how the demand for Bitcoin is increasing, then after a year or two we'll look at sub $1000 prices exactly like how we look at sub $300 prices right now. Keep hodling!

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May 02, 2017, 02:21:36 PM
 #20

Nothing is predictable in bitcoin world...
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